Low interest rates benefit millennials, not pensioners | Phillip Inman

Borrowers have the whip hand – in Denmark one bank has even
started paying them to take out a loan

Savers in Denmark must be squealing with pain at
the advent of the world’s first negative rate mortgage
,
courtesy of Jyske Bank.

Danish savers currently get about 0.1% for their pots of money
at the bank and soon they might find deposit-takers start charging
them to protect their piles of cash.

Source: FS – All-News2-Economy
Low interest rates benefit millennials, not pensioners | Phillip Inman